This course is an overview of econometric statistical techniques that can help us tease out causal effects by using large scale micro data to build counterfactual scenarios. The objective is to understand each technique, its limitations, and suitability or unsuitability in different contexts. We will apply this course to real world settings in Indian contexts.
You will develop the ability to choose the appropriate technique to answer a question about causal effects in a real world setting and evaluate and critique methods used in empirical research.
This course focuses on the need to integrate economic theory with empirical analysis and we will study contemporary public programmes in the Indian context. Many donor agencies and governments are keen to conduct high quality impact evaluation and this course is useful for those students who want to enter the development sector for evidence-based policy making.